The US Capitol in Washington, DC, US, on Tuesday, Sept. 19, 2023. A continuing resolution unveiled … [+] this week by House Republicans would avert a government shutdown that would otherwise begin on Oct. 1. Photographer: Al Drago/Bloomberg © 2023 Bloomberg Finance LP Barring significant dealmaking by the September 30 deadline, portions of the U.S.…
China Last Night KraneShares Week in Review Only a few markets managed gains for the week: Indonesia, the Philippines, Hong Kong, and Mainland China. Meanwhile, Japan, Taiwan, South Korea, India, and Singapore were all lower on hawkish Central Bank speech and a jump in the US dollar. There were multiple diplomatic overtures between the US…
Topline Friday is the last trading session of the summer, concluding a rather cool stretch for the stock market after an unseasonably warm start to the year. Hot stock summer? Getty Images Key Facts From June 21 through Friday at 10:30 a.m. EDT, the Dow Jones Industrial Average inched up 0.5%, the S&P 500 declined…
China Last Night KraneShares Key News Powell’s “higher for longer” press conference indicating one more rate hike in 2023 pounded Asian equities overnight, sending the US dollar higher. The Asia Dollar Index is close to both its 1-year and all-time low over the last 17 years as the US 10-year Treasury yield closes in on…
China Last Night KraneShares Key News Asian equities were lower on light volumes as investors sat on the sidelines in advance of central bank press conferences. Mainland China and Hong Kong were lower on very light volumes. Mainland investors continue to buy the Hong Kong dip via Southbound Stock Connect with +$408 million of net…
. In this article I use AAII’s A+ Stock Grades to provide insight into three online retail service stocks. With the recent reliance on technology, is it time that you consider these online services such as Netflix NFLX , Pinterest PINS and Spotify SPOT ? The world is becoming more digitally connected, so it’s no…
Raytheon, Toro getty It’s the heaviness of the selling volume in these big market capitalization stocks that stands out. These New York Stock Exchange listed names don’t get half the coverage in the financial media as some tech and social media favorites. It would be easy to miss how far down some former leaders have…
. In this article I cover the strategy that focuses on firms following the Neff strategy. Inspired by John Neff, who served as portfolio manager of the Vanguard Windsor Fund from 1964 until his retirement in 1995, the Neff value investing approach uses a stringent contrarian viewpoint. Neff perennially found undervalued, out-of-favor stocks in the bargain…
Topline Risk-off sentiments once again prevailed on Wall Street on Wednesday, as several notable names slipped to their lowest levels in more than a year and large tech stocks suffered a more than $200 billion stumble. Wednesday was a bad day for mega-cap tech stocks. Getty Images Key Facts The Dow Jones Industrial Average fell…
Topline Cannabis companies are rallying for their second day in a row after the Department of Health and Human Services recommended moving marijuana to a less harsh drug schedule—as the drug currently shares the same federal classification as heroin, ecstasy and LSD despite being legal in many states. The DEA initiated the reschedule recommendation Wednesday.…